The CEO of Masdar, Dr Ahmad Belhoul, recently gave the keynote speech at the opening of the 8th World Future Energy Summit — part of the Abu Dhabi Sustainability Week — during which he made the notable comment that renewable energy was key to the meeting of growing energy demand over the coming years.
In particular, Belhoul stressed that the adoption of renewable energy needed to be accelerated in order to keep up with rising demand for electricity.
“Like any technology, clean energy has optimized its performance and reduced its cost over time, and in various parts of the world, renewable energy is out-competing traditional power,” stated Dr Ahmad Belhoul, CEO of Masdar, Abu Dhabi’s renewable energy company.
The keynote speech made particular note of the rising tide in the Middle East in support of renewable energy technologies, stating: “This region’s appetite for renewable energy has quickly taken shape, with Abu Dhabi taking the first steps almost a decade ago. As our neighbours join us in the race to adopt renewable energy, Masdar’s regional and global experience will reinforce efforts to address energy security through the deployment of renewable power.”
Dr Belhoul finished the speech with comments pertaining to the opportunity that the World Future Energy Summit presents with regard to forging new partnerships that will support further growth in the region, and also around the world, with regard to renewables.
Image Credit: Masdar
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